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Nokia plans 4000 Job Cuts

Posted: February 9th, 2012 | Author: | Filed under: By Location, Finland, Hungary, Mexico | Tags: , , | No Comments »

Nokia Oyj will eliminate 4,000 jobs including at its oldest factory in Finland as it shifts mobile- phone manufacturing to Asia, its largest market.

Handset production will end in Hungary, Mexico and Finland, where the plants will focus on final adjustments to finished phones, Espoo, Finland-based Nokia said today. Most of the production will move to existing factories in Beijing and Masan, South Korea.

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